BAMS Blog

Payment processing is a complex industry with a lot of moving parts, a lot of tech, and a lot of security rules. But, for the end merchant, all that complexity represents a needless source of headaches and potential business interruptions. The best payment processors offer simple merchant services that allow businesses to focus solely on […]

The Payment Card Industry Data Security Standard, or PCI DSS, is a security standard that every business accepting, storing, processing or transmitting card data from the major card brands has to meet. It exists to protect consumers and limit the damage from payment-related data breaches. PCI compliance refers to a company’s ongoing work to maintain […]

A retail POS, or point-of-sale system, is a combination of hardware and software designed to facilitate purchases at a checkout counter in retail and dining. A POS effectively automates most of the functions of an old cash register. Rather than having to punch in a product’s information and price and manually apply taxes, a POS […]

Having a payment gateway that accepts credit cards on-site is important for most modern businesses, and it’s an absolute must for retail businesses, where cash-only sales are all but extinct. But how do you go about getting a credit card reader? The good news is that getting set up with a reader isn’t that hard, […]

As a small business owner, you should always be on the lookout for ways to improve your customer offerings to drive customer loyalty and satisfaction. There are a few things that have historically benefited small businesses such as loyalty programs, customer reviews, and community engagement. The bottom line is that without satisfied customers, your business […]

Mobile Payments Work Best When the Checkout Can Move With the Business Not every business operates from a fixed checkout counter. Contractors collect payment at job sites. Restaurants bring the payment experience to the table. Retail employees can check out customers away from the register. Nonprofits accept donations at events while healthcare providers may collect […]

Next day funding is a payment processing feature that allows merchants to get their payouts in a single business day, without the need to wait on standard holds. It’s one of the most important features merchants can weigh when selecting the right payment processing partner. Not all merchant services companies offer next day funding, and […]

One thing that any business should be aware of when processing digital payments are chargebacks and chargeback prevention. Chargebacks can have a huge impact on business owners, especially for small businesses. The last thing that a business owner wants is to have to refund a customer for services rendered or products shipped, especially when there […]

With the retail world rapidly moving online, many companies are turning to online sales and e-commerce to keep pace with our evolving market. However, if retailers want to join the vast world of online sales, there are rules and procedures they have to follow, both to protect themselves from fines and their customers’ private information. […]

Making it today as a small business can be challenging. Between having to compete with big corporations and the ever-growing online market, it’s never been harder for brick and mortar stores. However, several tools, techniques, and technologies can help you integrate into the modern online market. 

More people have begun utilizing online stores with the continuous growth of online marketplaces and the pandemic’s recent lifestyle changes. Businesses that wish to retain these customers, or dip into the rapidly growing online market, will have to adapt and evolve to keep up. A safe, effective, and cost-efficient payment processor should be at the […]

Retail ecommerce is already worth over 431 billion dollars in the United States alone and is set to exceed $563 billion by 2025. Simply put, your customers are already online. If you’re still weighing the pros and cons of selling on the web, now is the time to take the plunge. Expanding your sales to […]

Dear Valued Clients,  With 2021 almost behind us, I wanted to take the opportunity to thank you for choosing BAMS for your merchant services. Payment processing impacts everything from your bottom line to your customers’ experience and beyond, and we’re honored you’ve entrusted us with such a crucial aspect of your business.  

Apple Pay and other digital wallets, like Google Pay and Samsung Pay, are mobile payment technologies that allow users to pay for things with a simple tap of their phone or the click of a single button online. They offer speed, convenience, and, thanks to built-in biometric ID, heightened security. It comes as no surprise […]

When Adobe announced their acquisition of Magneto in 2018, it was clear the software giant was making a play at becoming the top dog in ecommerce. Now, the final stage of the rollout of the merged product is underway, and Magneto is set to undergo some significant changes, including a fresh rebrand, a permanent move […]

When you first opened your business you probably knew there would be some complicated financial processes and jargon involved. You know now that it is more complicated than you could have imagined, and just running your business the way you want comes with a lot of headaches.  There are many business support services available that […]

Every commercial enterprise aims to make money. Being able to accept multiple forms of payment from customers gives you more opportunities to do so. Whether you are a first-time business owner or an established company looking to make a change, choosing a payment processor should be a big decision. There are several payment processing solutions […]

Apple Pay is a popular service for contactless payments, and becoming compatible with its system can enhance your business in several ways. If you’re a merchant that has never heard of Apple Pay or you’re simply on the fence about taking that step, it’s important to take a look at the benefits of Apple Pay. […]